Get a Collateral-free Business Loan in Vijayawada
Vijayawada is a vibrant city known for its commercial and industrial activities. It is a major trading and export hub. Take advantage of the thriving market by availing of a Business Loan in Vijayawada from Poonawalla Fincorp. From raising working capital to hiring employees, meet all your business needs with tailored loans. Get a high loan amount of up to ₹75 Lakh at attractive interest rate with minimal paperwork, flexible repayment tenure, and zero hidden charges. Apply now!
Business Loan EMI Calculator
Calculate your monthly repayments effortlessly with our online EMI calculator. Enter the loan amount, tenure, and interest rate to estimate your monthly outgo. Try now!
Why Choose Poonawalla Fincorp
Apply for a Business Loan Online in Just 3 Steps
Click on "Apply Now”
Tap the "Apply Now" button to initiate your application.
Enter Details
Enter your DOB, PAN card number, monthly income, and residential details.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Meet our simple eligibility criteria:
- Age: Between 24 and 65 years.
- Citizenship: Indian.
- Business Vintage: At least 2 years.
- Annual Turnover: Minimum of ₹6 Lakh.
Submit just a few mandatory documents:
- KYC Documents
- Business Address Proof
- Financial Documents
Click to know more about the documentation in detail.
We offer Business Loan at attractive interest rate and minimal charges:
After 6 EMIs: 5% on principal outstanding + taxes
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
- Renovating office premises
- Funding research and development expenses
- Meeting daily operating expenses
- Purchasing equipment and software
- Financing marketing and advertising drives
- Retail shop owners
- Sole proprietors
- Small business owners
- Women entrepreneurs
- MSMEs owners
- Check your CIBIL score
- Create a proper business plan
- Check the eligibility criteria
- Keep all necessary documents ready
- Reduce your business’s liabilities
Poonawalla Fincorp Limited
Address: 3rd Floor, R.S. Tower, Door No.40-25-80/1, Revenue Ward 13A, Kurra Satyanarayana Street, Gayatri Nagar, Benz Circle, Vijayawada, Andhra Pradesh - 520010
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Happy Customers, Happy Us
I run a chain of pharmacy stores with 5 branches in Pune. With the growing popularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficult for me to hire delivery persons. With Poonawalla Fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan application process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operation seamlessly.
Business Loan
The interest rates were fair and competitive, making it easy to manage cash flow for me. The process was smooth with the service and giving a rating of 10.
Business Loan
I was hesitant at first, but the team explained everything clearly and made me feel confident. The loan helped me manage working capital and grow my business steadily.
Business Loan
I was impressed by how quickly my business loan was processed. The team was extremely helpful and guided me through every step. Thanks to their support, I was able to expand my operations without any hasstle.
Business Loan
The loan process was incredibly smooth, and the team was always available to answer my queries. With the funds, I was able to renovate my store and attract more customers. Truly grateful.
Business Loan
Getting a business loan felt daunting at first, but the entire experience was smooth and transparent. The loan helped me purchase new equipment and increase production. Highly recommend their services!
Business Loan
Excellent service and prompt communication. The loan process was seamless, and the funds were disbursed faster than expected. It’s great to work with professionals who understand business needs.
Business Loan
I needed quick funding to stock up for the festive season, and the business loan came just in time. The Credit Manager was proactive and ensured everything was done on priority. Excellent service!
Business Loan
Thanks to the business loan, I was able to open a second outlet. The team was very supportive and explained all terms clearly. I appreciate the personalized attention I received.
Business Loan
I’ve taken loans before, but this was by far the most professional experience. The documentation was minimal, and the disbursement was fast. I’ll definitely recommend them to fellow entrepreneurs.
Business Loan
The loan helped me bridge a critical cash flow gap during the festive season. The team was approachable and ensured everything was handled efficiently. Great experience!
Business Loan
The business loan helped me hire skilled staff and improved my business. The support from the credit team was outstanding. They understood my business and offered the right solution.
Business Loan
I am very happy with the service of the company and will recommend everyone to take loan from Poonawalla Fincorp.
Business Loan
The loan process was quick and transparent. No hidden charges, and the team guided me at every step. Will recommend everyone.
Business Loan
They didn’t just give me a loan—they gave me peace of mind during a tough time, Happy with the service of Poonawalla Fincorp.
Business Loan
No hidden charges, no surprises. The process was clear and smooth from start to finish.
Business Loan
The team guided me at every step and made the entire experience stress-free, will highly recommend to my friends - rating 10!!!
Business Loan
They tailored the loan to fit my business model. Truly customer-focused and satisfying service given by Poonawalla Fincorp, Highly Recommended!!!
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Frequently Asked Questions
Poonawalla Fincorp offers the best Business Loan in Vijayawada. We offer collateral-free loan at attractive interest rate with flexible repayment tenure and hidden charges. Apply online and get up to ₹75 Lakh.
A Business Loan EMI calculator is an online tool that allows you to estimate your monthly repayments over the loan term. By entering the loan amount, tenure, and interest rate, you can easily determine your EMIs without the need for manual calculations.
Foreclosing a Business Loan comes with both advantages and disadvantages. On the positive side, it saves you on interest payments and reduces your overall debt burden. However, it can strain your current cash flow and may incur foreclosure charges. With Poonawalla Fincorp, though, there is 6% on principal outstanding + taxes on the first 6 EMIs and 5% on principal outstanding + taxes after 6 EMIs.